12012 WASHINGTON Place, Los Angeles, CA 90066
List Price: $3.09M
Listing Status: Active
Original List Price: $3.19M
0Days on Market: 40
12 Bedrooms · 10 Bathrooms · 7,249 sq ft
Property Type: ResidentialIncome
Year Built: 1951
Lot Size: 7,507 sq ft
MLS Number: 26660845
About This Property
$100K Price reduction !!! Invested almost $600K to upgrade 8 Unit out of 10 Unit. ( Kitchen, bathroom and windows , electric panel, earthquake retrofitting, interior & exterior paint, security camera.... 10 units apartments building at heart of Palms-Mar Vista. Unit mix of (2) studio, (5) 1+1, and (3) 2+1. 6 covered parking . Exiting Storage can be converted to extra parking space. Community laundry room. Best location !!! 8 minutes to Venice pier, 2 minutes to 405 Fwy. Showing available 2 units as sample ( 2+1 and 1+1 ) due to vacant. Don't miss this rare investment opportunity with about 48% rental upside. Great potential for new owner !!!!!